CAclubindia Articles

Service Tax Refunds - Exporters - Status Check

Posted by Madhukar N Hiregange 11 April 2013 30419 Views

Refund of Cenvat Credit Service Exporters Background The service exporters have been enabled to get the cenvat credit on capital goods, inputs and input services incurred in providing the servic

Tips for Exam Preparation

Posted by S Venkatesan FCA, CS, Grad.CWA 11 April 2013 27084 Views

TIPS FOR STUDENTS TAKING EXAM: DOs and DONTs: BEFORE EXAM:

When I stepped out of my Comfort Zone

Posted by CA girl 10 April 2013 17333 Views

We all have a set of friends, family members, acquaintances, familiar places, known institutions, etc around which we have lived our lives till this moment. But are you sure that is good for your personal

A Critique on Equating Growth in Market Indices To Returns

Posted by CA. Nirmal Ghorawat 10 April 2013 5699 Views

Why equating the Compounded Annual Growth Rate [CAGR] of market indices, BSE Sensex or NSE CNX Nifty, with returns to an equity investor is a material misstatement, particularly if it is a long period of time? I have often come across perceivably

Market Capitalisation Vs Enterprise value

Posted by Srikanthan 10 April 2013 11477 Views

Market Capitalisation Vs Enterprise value Typically when people discuss about stocks and shares, few key parameters discussed are Price earnings and Market Capitalisation. Market capitalization in simple terms is the cost of buying all the share

No Service Tax Leviable on the issuance of Draft Invoices

Posted by Vishal 10 April 2013 13408 Views

With the Introduction of Point of Taxation Rules (herein referred as POT Rules), 2011, the government has primarily shifted the policy of collection of service tax on the realization of value of taxable services to the point when the service is de

VAT & Service Tax (Civil Works Contract)

Posted by Pushpanjali Raina 10 April 2013 145920 Views

DVATRule 3 of DVAT rules deals with Works Contract .Section 2 of DVAT Act explains that a "works contract" includes any agreement for carrying out for cash or for deferred payment or for valuable consideration, the building construction, manufacture,

FAQ Guide for Filling ST3 Returns

Posted by CA.Manindar Kakarla 09 April 2013 156468 Views

A Guide to e-filling of ST3 Returns By. CA. Kakarla Manindar Introduction: There are two types of e-filing of ST3 returns. One is filling of information in the downloaded excel utility then converting excel utility file into xml format and uploa

How can YOU pedal India's growth?

Posted by Priyadarshan Banjan 09 April 2013 5465 Views

Knowledge is power- Abdul Kalam With great power come great responsibility- Ben Parker(Uncle of SpidermanJ, remember that scene in the car?) Right from our CPT days, we have been taught the meaning and importance of Econo

Capital gain exemption by virtue of article 13(4)

Posted by Rupesh Srivastava 09 April 2013 11579 Views

Recently ITAT bench held that, Article 13(1) cannot be made applicable to the transfer of shares as assessee has not sold the immovable property or any rights directly attached to the immovable property. Assessee is a company incorporated under th